Electricity Saving Tips For Homes And Offices

Solar Panel Price in India

By on April 19, 2015
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SHARES

Electricity is becoming expensive with each passing day and more people are getting interested in using solar energy to meet their electricity needs. Power cuts and dependence on DG sets is making people look for more and better sources. Solar PV panels provide a very good alternative. Ministry of New and Renewable Energy (MNRE), Government of India is also promoting solar PV systems under the Jawaharlal Nehru National Solar Mission in the country. They also provide subsidy to people buying solar panels under this scheme. There are a lot of people keen in buying solar panels in India so we thought of doing a research on price of solar panels. Below is our research on price of solar panels:

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As per our resources from the solar PV industry, cost of a PV module (just the panel) costs anywhere between Rs 30 to Rs 60 per watt of power generated (depending on the quantity you are buying). A good imported module will cost around Rs 40-45 per watt (for bulk transactions, not for retail). Good ones manufactured in India would come as low as Rs 30-32 per watt (for bulk transactions, not for retail). Please note that this is the cost for the panel and in case you are looking for inverter and batteries, the cost would be additional. A good 5 kW system for a home would cost around Rs 5-7 lakhs to setup (at retail price of around Rs 50-60 per Wp) , which can provide electricity for 25 years. The additional operating cost will include the cost of replacing the batteries.

MNRE provides 30% capital subsidy on capital expenditures for rooftop solar systems for both commercial and residential entities for systems up to 100 kW. The government also provides loans at 5% per annum for 50% of the capital expenditure for 5 years tenure for both commercial and residential entities. Commercial entities can claim either capital or interest subsidies. (note: As on October 2014, we have heard from several vendors that subsidy is hard to get, as either the applications are not being processed or taking quite a lot of time to get processed. Please check with your vendor if they will be able to get you subsidy or not.).

MNRE has also published a list of authorized suppliers and manufacturers that is available at the links: http://bit.ly/1nEVoJh and http://bit.ly/1qyMv8D

We have also started doing some research on the prices of Solar PV Panels from various manufacturers in the country and here are some numbers from a good indian manufacturer (for bulk transaction) and some retail vendors/suppliers (for retail/small transactions):

Bulk Prices (click to expand)

Products Inputs / Watt Price / INR
Special SPV Mono 180W / 190W Rs. 34/W
Special SPV Multi 230W,240W, 245W, 280W,290W Rs. 32/W
SPV Mono 10W Rs. 53/W
SPV Mono 20W – 30W Rs. 43/W
SPV Mono 30W – 300W Rs. 41/W
SPV Multi 10W Rs. 50/W
SPV Multi 20W – 30W Rs. 40/W
SPV Multi 30W – 300W Rs. 38/W
Thin Film Multi SPV 100W Rs. 32/W

Retail Prices (click to expand)

Products Inputs / Watt Price / INR
SPV Polycrystaline Module 3W Rs. 89/W
SPV Polycrystaline Module 5W Rs. 85/W
SPV Polycrystaline Module 10W to 15W Rs. 65/W
SPV Polycrystaline Modules 18W to 40W Rs. 61/W
SPV Polycrystaline Modules 50W to 75W Rs. 59/W
SPV Polycrystaline Modules 100W to 200W Rs. 57/W
SPV Polycrystaline Modules 220W to 300W Rs. 52/W

Please note that Mono is for Monocrystaline PV cell and Multi is for Multicrystaline (or Polycrystaline) PV cell. The difference between the two is that Monocrystaline is made of single silicon crystal whereas Multicrystaline PV is made up of multiple crystals. A monocrystaline is more efficient in converting solar energy into electricity per sq meter area than a multicrystaline PV. Thus the space required for the same amount of wattage is less in monocrystaline PV panel. Thus it is costlier than a Multicrystaline PV. The choice between the two depends on the area that you have for PV installation. Also the price increases as you decrease the panel wattage. So smaller the panel you buy, costlier it is.

More details on Solar PV roof top systems are also available on our link: Roof-Top Solar PV system project for home and office

Understand more about basics of Solar PV systems on our link: Solar electric, solar thermal, power generation, inverters, grid, off-grid: clearing the cobweb

Understand more about how to get NABARD subsidy on Solar PV Systems: Procedure to get subsidy on Solar PV Systems through NABARD in India


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There Are 366 Comments

  1. Deepak Surwase24 says:

    Pls send me cost details for 50 letter & 100 letter solar heaters its urgent

  2. Shree says:

    I want to setup a solar power generation project of 2.5 mW, Plz guide me for the suitable panels, cost and other equipments that required for it…..

    • rinku says:

      Sir 2mw solar power plant cost of caror any more information please contact 8766199346

    • rinku says:

      Sir 2MW solar power plant cost of 16 caror any more information please contact 8766199346

    • Subodh Das Bairagya says:

      Dear Sir,
      We provide you the best price in the market. Also have our own manufacturing unit. We provide all Equipment are MNRE approved and also get subsidy from bank. For more details you can contact me 9810506477 or mail me [email protected]

      Thank You
      Best Regards
      subodh

      • Subodh Das Bairagya says:

        We installed many solar power plant all over in India. We have experience engineers with us how already works in megawatt plants. so, you can contact me for more detail fell free 9810506477 or [email protected]

        thank you

  3. Narendra kumar says:

    How to manufactured soler panels
    Dally us for home
    Cost & how to use

  4. Girish kotadiya says:

    Hi i am in gujarat (rajkot district).i am a electrical engineer.i want to business a solar energy.please give me a complete detail of solar plant.(cost,profit,loan,subsidy etc.)

    • Subodh Das Bairagya says:

      Hi Girish,
      contact us 9810506477 or mail us [email protected]

  5. Imtiyaz says:

    I want to setup a solar panel unit to manufacture 5watt to 300watt panel so please guide me what price should be pv cell size 6×6

  6. rohit bansal says:

    hellooo all
    i want 5p kw to 100 kw solar power plant for my factory in bawana industrial area delhi-39 my contact number is 09810797776.

  7. naveen says:

    M NAveen I want solar panel for use home purpose.any body who provide me best low price can contact 09812320889

  8. Ajit says:

    Do you have Pannels which can supply direct power to computer …fans so that day time power can be saved without storage batteries…

    • Subodh Das Bairagya says:

      Hi Ajit,
      We provide you on-grid system at best price we prove you good quality inverter. Which you can operate this inverter directly through solar panel, no need to use battery.

      This inverter have an option for battery also.

      for more details you can contact me feel free 9810506477. or mail me [email protected]
      thank you
      best regards
      subodh

  9. sandeep says:

    Dear team,
    I want to 2kw solar panel only.that power only used in day.no need of inverter and batteries

    • Subodh Das Bairagya says:

      hi sandeep,
      We provide you on-grid system at best price we prove you good quality inverter. Which you can operate this inverter directly through solar panel, no need to use battery.

      This inverter have an option for battery also.

      for more details you can contact me feel free 9810506477. or mail me [email protected]

      thank you
      best regards
      subodh

    • rinku says:

      Sir please contact 8766199346

  10. Subodh Das Bairagya says:

    Hi all,

    We provide kw to mega watt solar power plant. All equipment are MNRE approved. Per mega watt Power plant installation cost is rs 8 to 10 crore.

    For any detail contact me 9810506477 or mail me [email protected]
    http://www.clicktoshoponline.com.

    Thank You
    Best Regards
    Subodh Das Bairagya

  11. Lalit Goyal says:

    Hi all,

    We are providing customized solar solutions with most efficient systems in India. We are providing premium quality products in our projects.

    We design our system as per Indian Standards. Our structure will sustain in storms too. We are providing technical consultancy to lots of solar companies.

    We are providing free consultation to the interested people.

    For any query, please feel free to contact us at +91-8527652687 or mail us at [email protected]

    Thanks
    Next Engineering

  12. surinder singh says:

    I Surinder singh want a home solar system of 2kw ….what will be the cost of solar panels and inverter

    • Bijli Bachao Team says:

      It would be about 2-2.5 lakh rupees.

      • Subodh Das Bairagya says:

        We provide kw to mega watt solar power plant. All equipment are MNRE approved. Per mega watt installation cost is rs 9.5 to 10 crore.

        For any detail contact me 9810506477 or mail me [email protected]
        http://www.clicktoshoponline.com.

        Thank You
        Best Regards
        Subodh Das Bairagya

    • Lalit Goyal says:

      Dear Mr. Surinder,

      Kindly provide your location and load details. For 2kW hybrid system cost will be Rs. 2.3-2.4 Lakhs for 2kW while For Ongrid it will Rs.1.8-2.0 lakhs.

      We provide premium quality products only. We design our system as per Indian Standards. Our structure will sustain in storms too. We provide customized solutions as per our customer;s requirement.

      For any query, please feel free to contact us at +91-8527652687 or mail us at [email protected]

      Thanks
      Next Engineering

    • Ashinder says:

      Hi Surinder

      We provide all types of solar power systems at very best prices.You can contact us on +91-8591061100 for further queries.

      Thanks

  13. Arvind Nagar says:

    सर मेरे घर पर दो कूलर और तीन पंखे और डबल बैटरी का इन्वेर्टर है इसके लिए कितने वाट का सोलर पैनल और कितना रुपे खर्च होगा।

    • Krishna shrivastava says:

      Dear Arvind ji,
      please apna contact number de dijiye jisse mai apko contact kar saku. ya ap mujhe is number pr contact kar skte hai.

      Krishna shrivastava
      07415324645
      http://www.brimatec.com

    • Lalit Goyal says:

      Dear Arvind,

      Apne inverter ki rating bata dijiye. Hum aapko sabse accha solution de denge. aap humse sampark kar sakte hain hamara mobile no. +91-8527652687

      Dhanyawad
      Next Engineering

    • Subodh Das Bairagya says:

      hi arvind,
      hamse sampark kare hum aapko behtar solution provide karange. Contact me 9810506477 or mail me [email protected]

      thank you
      subodh

  14. happy says:

    Mai 5hp di motor launa Chaunga kinna paisa lagega

    • Ashinder says:

      Hi Happy

      We provide all types of solar power systems at very best prices.You can contact us on +91-8591061100 or email us on [email protected]
      You can also visit our website http://www.joshisolar.in

      Thanks

    • Subodh Das Bairagya says:

      Dear sir,
      Me apko sabse behtarin solution provide kar sakta hu, Pleace call me 9810506477

      thank you
      subodh

  15. BHIMA BINDHANI says:

    Sir i want to run my PC which used 600 watt electricity & i want to buy a solar system for it what will be the cost of it including all service
    THANK YOU FOR REPLY……

    • Subodh Das Bairagya says:

      Hi Bhima,
      you have to install 1 kw system we provide 60rs per watt. transport cost extra.

      Thank You
      Best Regards
      subodh

    • Lalit Goyal says:

      Dear Bhima,

      Kindly provide your location and running hours of your PC. System size will be dependent on consumption. System size will be betwwen 1-2kW. Kindly provide your contact details.

      We provide premium quality products only. We design our system as per Indian Standards. Our structure will sustain in storms too. We provide customized solutions as per our customer;s requirement. We are also providing technical consultancy to lots of solar companies.

      For any query, please feel free to contact us at +91-8527652687 or mail us at [email protected]

      Thanks
      Next Engineering

  16. harendra says:

    Hi
    Myself harendra kuntal
    I want to setup solar pannel for
    3-fans, 3-led,1-tv
    What will be the cost.

    • SUDIP DAS says:

      Contact us: +91-9830712552

    • Bijli Bachao Team says:

      How much will be the usage of these appliances in hrs/day?

    • Subodh Das Bairagya says:

      Hi Harendra,
      You need to install 1kw system. cost for this system is rs 60000/- .
      installation and transport cost extra.
      for more information you can contact me 9810506477

      thank you
      best regards
      subodh

    • Lalit Goyal says:

      Dear Mr, Harendra,

      Kindly provide your location and running hours of your load. System size will be dependent on consumption. System size will be between 1-2kW. Kindly provide your contact details.

      We provide premium quality products only. We design our system as per Indian Standards. Our structure will sustain in storms too. We provide customized solutions as per our customer;s requirement. We are also providing technical consultancy to lots of solar companies.

      For any query, please feel free to contact us at +91-8527652687 or mail us at [email protected]

      Thanks
      Next Engineering

  17. hsni says:

    I want to run plastic glass making machines on solar energy during day time. How much does it cost to set up the solar energy system for this purpose. It should include the cost of the inverter required. I want to install a different circuit for using the solar energy, whose inverter will not have any connection with A/C circuit. Some one please guide me in this regard so that it is cost effective.
    Thank you

    • SUDIP DAS says:

      Contact us: +91-9830712552

      we can solve your solution and also provide you with respect to your need.

    • Subodh Das Bairagya says:

      Dear sir,
      we provide you the best solution for saving electricity. We provide rs60 per watt.For more detail contact me 9810506477 or mail me [email protected] or visit http://www.clicktoshoponline.com

      thank you
      best regards
      Subodh Das Bairagya

    • Lalit Goyal says:

      Dear Sir,

      We are providing customized solutions with highest efficiency in India. We are providing premium quality products only. We design our system as per Indian Standards. Our structure will sustain in storms too. We are providing technical consultancy to lots of solar companies.

      For any query, please feel free to contact us at +91-8527652687 or mail us at [email protected]

      Thanks
      Next Engineering

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